Who Is Costco's Upcoming CEO Ron Vachris? Wikipedia, Net Worth, Wife

Costco's longtime CEO Craig Jelinek is stepping down from the company after the warehouse club’s spree of pandemic- and inflation-fueled growth. Costco has tapped Ron Vachris, a veteran company executive who currently serves as president and chief operating officer, to be its next CEO.

Ron Vachris Wikipedia Details

Who Is Ron Vachris? Biography & Parents Details

Ron Vachris is the upcoming CEO of Costco after Craig Jelinek retires as Costco’s chief executive on 1 January 2024. Currently, he is the president and chief operating officer of the club retailer at Costco. As per records, Ron Vachris has been with Costco for the past 4o years, from forklift driver to an upcoming CEO. Moreover, he has 28 years in various management positions in warehouse operations before moving to a decision-making position. At the same time, He is yet to have a Wikipedia page.

Ron Vachris was born Roland Michael Vachris to his father, whose name is yet not available in the public media, and his mother, Kathleen Vachris, in Phoenix, Arizona. Moreover, he has always remained private about his parents and hasn't talked much about them on any form of social media handles. Based on available records, his mother passed away at the age of 84 in 2019. Other than that, based on available data, he has two sisters.

Ron Vachris enjoys celebrating his birthday on 13 May every year with his family and friends. Moreover, he was born on 13 May 1965, which makes him 58 years old at the time of writing. Looking at his date of birth, Ron Vachris has Taurus as his zodiac or birth sign. Meanwhile, as he was born in Phoenix, Arizona, he holds American nationality. At the same time, Ron Vachris comes from a family of white ethnic background and follows Christianity as his religion.

Concerning his educational background, Ron Vachris started his educational journey at a high school in his hometown. After graduating high school, he went to Glendale Community College and graduated with a degree in business. At the age of 58, Ron Vachris looks fabulous in his height of 5 feet and 11 inches with a decent weight.

Ron Vachris Married Life

Ron Vachris is a married man and has a wife named Kim Lovelace Vachris. As per records, his wife is a graduate of Trevor Browne High School. Even though the couple has always remained private about their married life, records show that they have been married for over 35 years at the time of writing. His wife regularly posts images of him and the family on her social media handle.

From over 35 years of married life, Ron Vachris is a father to his two sons and a daughter. His son, Nick, attended Northern Arizona State University and played on the Ice Jacks hockey team. Meanwhile, his other son, Zachary, studied photojournalism at Brooks Institute. his daughter, Valerie, used to play Lacrosse on her high school team.

Ron Vachris Career & Net Worth Insights

Ron Vachris began his career as a forklift driver and later moved on to a variety of senior executive roles with Costco. After working for 28 years in various management positions in warehouse operations, he was appointed Senior Vice President and General Manager of the Northwest Region in 2010. In 2015, he was promoted to Senior Vice President of Real Estate Development for a year. Moreover, he served as Executive Vice President of Merchandising from June 2016 to January 2022. Meanwhile, he has been serving as the president and chief operating officer of the club retailer since 2022. Now, he is named as the upcoming CEO.

After working at Costco for around 40 years, Ron Vachris has an estimated net worth of around $40 Million as of 2023. As a COO, he made a compensation of over $7 Million in 2022 with a salary of around $1 Million.